Conference Board's consumer confidence edge down to 60.6 in August, down from 65.9 recorded in the previous month. Analysts had predicted the headline index to slow to 65.5 in the month.
The US dollar held steady against major rivals after the report. As of 10:02 am ET, the greenback was trading at 0.9568 against the Swiss franc, 1.5811 against the pound, 1.2555 against the euro and 78.55 against the yen.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.